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Lendlease set to be Haringey developer as council leaders reassure Labour members

Property giant Lendlease is set to be selected as Haringey Council’s preferred bidder to form a £2bn “Haringey development vehicle” (HDV) joint venture company and execute plans to transform the borough on what Haringey has called “an unprecedented scale”.

A report for the Labour-run council’s cabinet to be considered next Tuesday (14 February) recommends Lendlease be chosen to enter the proposed 50/50 partnership which, if established as expected in the summer, would take ownership of and redevelop dozens of council-owned sites including housing estates over the next 15 to 20 years, beginning in Tottenham and Wood Green.

The project has prompted expressions of concern among Haringey’s 49 Labour councillors and local party members, as well as some negative media coverage and the attention of protest groups. Anxieties have centred on the scale of the proposed enterprise, the financial risk involved and worries that democratic control over the process might be lost.

However, a recent meeting of the council’s majority Labour group voted by 29 to 18 in favour of an amended motion resolving that protections for Haringey residents and democratic processes be incorporated in all decisions about the HDV.

Alan Strickland, Haringey’s cabinet member for housing, regeneration and planning, has written to local party members telling them that councillors have agreed “an important set of principles for the new company” which he says “make clear our intention of enshrining Labour values at the heart of the proposals” and ensure that “the purpose of the company is to improve the lives of our residents”. He adds that London Mayor Sadiq Khan “supports the proposals”. Khan’s draft good practice guide for estate redevelopment is currently out for public consultation.

Strickland and council leader Claire Kober have defended the HDV against critics through social and other media, with Kober telling the Guardian that Haringey’s plans are “not privatisation” but a “bold step” towards improving life for residents in a deprived area when “doing nothing” in the context of government cuts would carry far greater risks. She had already said that council tenants will be rehoused on equivalent contracts and rents. Strickland’s letter to Labour members lists the following principles set out in the motion carried by the Labour group:

That decisions on the HDV should incorporate the following important protections for Haringey residents:

That decisions on the HDV should incorporate the following important protections to ensure ongoing democratic control of major decisions:

Details of next Tuesday’s cabinet meeting are here.

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